1400 Dell Range BlvdCheyenne, WY 82009

Property Details for 1400 Dell Range Blvd

Year built

1980

Lot size

1.91 AC

Property size (Sq ft)

82,732 SF

Zone code

PUD

Property type

Retail properties

APN

13931000100040

APU

13931000100040

Description

Frontier Mall presents a unique investment opportunity in Cheyenne, Wyoming's bustling capital city. This expansive 523,709 square foot mixed-use property, originally constructed in 1981 and renovated in 1995, offers a diverse range of spaces ideal for coworking, creative offices, and retail ventures. The property boasts a prime location on Dell Range Boulevard, Wyoming's busiest thoroughfare, ensuring high visibility and accessibility. With ample parking (2,700 spaces), the mall caters to both tenants and customers with ease. The property's strong tenant mix includes major anchors such as Dillard's, JCPenney, ULTA Beauty, Planet Fitness, and Frontier 9 Theatre, complemented by an open-air center featuring Target, Petco, and T.J. Maxx. This ensures a consistent flow of foot traffic and a vibrant atmosphere. The surrounding area is home to significant employers, including Warren Air Force Base, the State of Wyoming, Laramie County School District, and Cheyenne Regional Medical Center, providing a substantial pool of potential customers and employees. Furthermore, the proximity to a large student population (nearly 20,000 within 40 miles, including 13,000 at the University of Wyoming) presents additional market opportunities. Currently, eight spaces ranging from 1,143 to 31,119 square feet are available for lease, offering flexibility for businesses of various sizes. This is a rare chance to secure space in a well-established, high-traffic location within a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $29,057,088

  6.5%

  $26,821,928

  7%

  $24,906,076

• Comparable approach

  Method

  Valuation

  Relative Method

  $54,745,540

  Geo Method

  $17,225,000

• Alternative Use

  Use

  Valuation

  Residential

  $22,625,300

  Hospitality

  $20,724,652

  Educational

  $17,242,668

  Medical

  $17,835,670

  Retail

  $26,821,928

Location Insight

City

Cheyenne

County

Laramie

State

Wyoming

Latitude

41.162

Longitude

-104.807

CBSA code

16940

CBSA name

CHEYENNE, WY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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